Daily Yellowstone journal., 1887-07-03
Sunday. Jaly 3. 1857.

WE notice that the proposition made
Q year or 90 ago to have our wool grow
ers unite and build q warehouse at
some point IN the railroad and hold
their wool there until offered satisfac-
tory prices, Is rapidly gaining favor.
Most Of our growers who are full.
handed are strong advocates Of THE
plan and we believe II there was q
central point where the woods of the
territory could be concentrated and
our wool interests could be sufficiently
united that the project could be car
raed out with success It 10 certainly
true that the commission paid annual.
ly to eastern houses for storing and
selling when the market lie most fav-
orable, would more than build q house
and hire q competent corps Of men to
take charge Of Il and we are strongly
Of the opinion that Montana wool is
now sufficiently known among mill
men to make 1t sought for aud If the
entire clip was uuder n management
lie is reasonable that better prices could
be obtained. But when we examine
more closely into the situation we
find that there are many obstacle In
the way Of carrying out this plan. In
the outset IL will readily be een that
nothing could be done In the way Of
ruling the prices on the Montana pro-
duct except the bulk Of the wool crop
could be controlled end scattered az
our wool growers are all over 90 wide
an extent Of territory, and convenient
as they appear to so many different
shipping points, the concentration at
any given point In the territory Seems
impracticable. The wool buyer 81 TO-
day has to circulate over considerable
country. He runs from Missola ID
Miles City on the Northern Pacific,
from Silver Bow to Red Rock on the
Utah and Northern and from Fort
Benton to the mouth of the Mussell.
shell on the Missouri, and We oan see
no way of concentrating without en-.
failing Q cost Of freight at local rates
which would be altogether TO exhorbi.
tant to justify 1t; and with the wool
scattered over 90 great q distance VIC
doubt If any advantage can be had In
selling. Then there is another din,
entity In tie way of the Montana WOO
house, that 10, freight. Owing TO the
advantages offered In summer by
transportation on the lakes II is neces
sary to send wool forward during the
warm weather, and the Montana clip
II stored here would be practically cut
off from the market during the prin.
cipal marketing season when prices
usually best. Then there is another
disadvantage in holding.-the grower
Is lying out of the use of his money.
Montana banks, true enough, would
advance on wool thus stored but the
rates of interest are 30 much higher
here than In the great commercial
cities where our woods are generally
held that the local store house would
be at quite a disadvantage. We be.
lieve that much car be done by co.
operation, but are Of the opinion that
1t would be more practical TO establish
a house In some of the eastern cities
ct. Paul, Chicago, or even further easl
the facilities for selling would bs
better take it thu year around. How
eAer, IL growers wish to pay q house:iu
the territory we have no objections to
offer and shall give them our hearty
cooperation. But whether the attempt
this or not we certainly think they
will do well to unite rs far as possible
for this 10 the only Q of forcing
the market. Montana woods are q very
desirable commodity, and the more
united growers are or the more o!
their wool handled by one house the
easier IL IL for them to enforce theiI
demands for better prices and the
cheaper will be the charges for hand
Observation-Disclosures 20.
Samuel Scott. working In his faith